Teradata (TDC) FY2025 results: revenue $1.7 billion, down 5.0% on the year
Teradata Corp. (TDC) reported revenue of $1.7 billion for fiscal 2025, the year ended 31 December 2025, down 5.0% on the year before. Net income was $130 million, up 14.0%, and diluted earnings per share $1.35. The figures are the company's own, from the 10-K it filed with the SEC on 27 February 2026.
Revenue
$1.7 billion
-5.0% on the year
FY2018FY2025
Operating margin
12.3%
11.9% a year earlier
FY2018FY2025
Net income
$130 million
+14.0% on the year
FY2018FY2025
Diluted EPS
$1.35
+16.4% on the year
FY2018FY2025
this yearthe year beforeHover a bar for its figure.
The year in brief
What management said about the year
Guidance figures: 12 new.
Fourth-quarter total revenue rose 3%: Fourth-quarter total revenue was $421 million, up 3% as reported and 1% in constant currency. Full-year total revenue was $1.663 billion, down 5%.
Results exceeded internal expectations: Management said fourth-quarter results exceeded its expectations for total revenue, recurring revenue and free cash flow.
Public cloud ARR grew fastest: Public cloud ARR reached $701 million, up 15% as reported and 13% in constant currency, from $609 million a year earlier.
Fourth-quarter GAAP operating margin rose: GAAP operating margin was 12.8% in the fourth quarter versus 9.5%, and non-GAAP operating margin was 22.8% versus 17.6%.
Full-year 2026 free cash flow range: Cash flow from operations is expected at $330 million to $350 million, and free cash flow at $310 million to $330 million, for full-year 2026.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2025
FY2024
FY2023
On the year
Last 8 years
Operating cash flow
305
303
375
+0.7%
Capital expenditure
19.0
24.0
19.0
-20.8%
Free cash flow
286
279
356
+2.5%
Free cash flow margin
17.2%
15.9%
19.4%
Cash from investing
-21.0
-32.0
-49.0
Cash from financing
-233
-306
-383
Depreciation and amortisation
90.0
100
116
-10.0%
Share-based compensation
112
119
126
-5.9%
Buybacks
140
215
308
-34.9%
Diluted shares, weighted
97m
98m
102m
-1.6%
Shares outstanding at period end
92m
95m
98m
-2.7%
Balance sheet
$ million
FY2025
FY2024
FY2023
On the year
Last 8 years
Shareholders' equity
230
133
135
+72.9%
Debt
456
480
499
-5.0%
Operating lease liabilities
4.0
5.0
6.0
-20.0%
Finance lease liabilities
45.0
30.0
63.0
+50.0%
Other liabilities
1,044
1,056
1,170
-1.1%
Total liabilities and equity
1,779
1,704
1,873
+4.4%
Goodwill
399
394
398
+1.3%
Intangible assets
42.0
46.0
68.0
-8.7%
Cash and equivalents
493
420
486
+17.4%
Receivables
251
234
286
+7.3%
Inventory
13.0
18.0
13.0
-27.8%
Other assets
581
592
622
-1.9%
Total assets
1,779
1,704
1,873
+4.4%
10-K for the year ended 31 December 2025, filed 27 February 2026: the filing.